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General Consideration Regarding the Insurance Field in the Financial Perspective

Monica-Ioana Toader (), Adriana-Ioana Filip (Croitoru) () and Diana-Nicoleta Georgescu ()
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Monica-Ioana Toader: „1st of December†University of Alba Iulia
Adriana-Ioana Filip (Croitoru): „Valahia†University of Târgovişte
Diana-Nicoleta Georgescu: „Valahia†University of Târgovişte

Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 2, 916-920

Abstract: This article provides a qualitative analysis of the data on the insurance fund studied at the economic level. This approach allows us to take into account the functions of insurance with elements of a social order, such as the distribution function, which is defined in culture as something beyond financial. In the early stages of the insurance industry, the idea of monetary evaluation of human life was rejected by many, since it saw the profanity that transformed a holy event of insurance into ordinary goods. By the end of the 19TH century the economic definition, the values became more acceptable, which ensured legitimacy in the insurance sector.

Keywords: : insurance; economic; financiar; functions (search for similar items in EconPapers)
JEL-codes: M10 M20 M21 M31 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:916-920